TY  - BOOK
AU  - Patel,Pankaj C.
AU  - Fiet,James
AU  - Sohl,Jeffrey E.
TI  - Mitigating the limited scalability of bootstrapping through strategic alliances to enhance new venture growth
SN  - 02662426
AV  - HD2341.167 
PY  - 2011///
CY  - London
PB  - Sage
KW  - Bootstrapping
KW  - Endogeneity
KW  - Venture performance
N2  - Although the benefits of bootstrapping are widely known, decreasing returns to venture growth from this strategy are less understood; falls in returns. Decreasing returns may result from limited scalability and increased costs resulting from reduced legitimacy among stakeholders. Using a sample of high-technology firms, this article tests the non-linear relationship between bootstrapping and venture growth and the moderating effects of alliances on this non-linear relationship. We find that bootstrapping has an inverted-U relationship with venture growth; however, alliance diversity enhances the positive effects of bootstrapping while mitigating its negative effects on venture growth
UR  - https://doi.org/10.1177/0266242610396622
ER  -